Redkey, IN

Full City Profile · Indiana · Jay County County

2.9 /5.0
C+ Fair
1,451 Population 1,668/sq mi density
$40,667 Median Income $17,528 per capita
$78,300 Home Value $137,049 Zillow
$829 Median Rent 25.9% income on rent
51°F Avg Temperature
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.0 / 5.0
$40,667 median income, 5.8% unemployment
A+
Affordability
5.0 / 5.0
$78,300 home value, $829/mo rent
D
Education
1.7 / 5.0
8.3% bachelor's degree or higher

Redkey, IN

At a Glance

Median Income
$40,667
46% below
$17,528 per capita
Home Value
$78,300
72% below
Zillow: $137,049
Median Rent
$829/mo
29% below
25.9% of income on rent
Bachelor's Degree+
8.3%
75% below
88.5% high school+
Unemployment
5.8%
61% above
33.4% poverty rate
Obesity Rate
46.5%
45% above
23.8% smoking rate
Avg Temperature
51°F

How Redkey Compares to the U.S. Average

Each bar shows Redkey's value as a percentage of the national average (100% = U.S. avg)

Income
54%
Home Value
28%
Rent
71%
Poverty
269%
Bachelor's
25%
Unemployment
161%
Thin vertical line = U.S. national average (100%)

Is Redkey a Good Place to Live?

C+
2.9 / 5.0 - Fair
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Redkey residents earn a median household income of $40,667 , which is 46% below the national average of $75,149. Per capita income is $17,528. The unemployment rate stands at 5.8% (61% above the U.S. rate of 3.6%). 33.4% of residents live below the poverty line. The area is home to 428 business establishments, including 32 restaurants.

Housing & Cost of Living

The median home value in Redkey is $78,300 , 72% below the national median of $281,900. Zillow estimates the typical home at $137,049. Median rent is $829/month, with 25.9% of renters spending more than 30% of income on housing. The cost of living index is 93.3 (100 = national average). The median home was built in 1950.

Education

8.3% of adults in Redkey hold a bachelor's degree or higher (75% below the national average). 88.5% have completed high school. Local schools score 6.4/10 in standardized testing.

Climate & Weather

Redkey has an average annual temperature of 51°F (11°C). Winters average 26°F in January while summers reach 74°F in July. Annual precipitation totals 41.4 inches.

Data Overview

People

Population1,451
Median Age30.9 yrs
Density1,668/mi²
Male / Female39% / 61%
Foreign Born2.7%
Veterans5.0%

Economy

C
Median Income$40,667
Per Capita$17,528
Unemployment5.8%
Poverty33.4%
County GDP$1,546M
Avg Weekly Wage$925

Housing

A+
Home Value$78,300
Rent$829
Ownership72.0%
Zillow$137,049
Housing Units601
Rent Burden25.9%

Health

Obesity46.5%
Diabetes13.9%
Smoking23.8%
Heart Disease7.5%
Premature Death12,021/100K

Climate

Avg Temp51°F
Rain41.4 in/yr
Elevation968 ft

Education

D
Bachelor's+8.3%
High School+88.5%
Graduate+2.1%
School Score6.4/10

Community

2024 VoteR 77% / D 22%
Commute22 min
Broadband87.7%
Internet Speed69 Mbps
EV Stations3
Libraries4

Did You Know?

The median home in Redkey was built in 1950.
The nearest airport is Delaware County Regional (15 miles).
The Gini coefficient (income inequality) is 0.437 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
13.4% of the population has a disability.
The county recorded 5 fatal vehicle crashes.